Tag Archive for Acceleration

FT Alphaville » April started bad and got worse, final PMIs show

On Friday morning, the Markit Eurozone Composite Purchasing Manager Indices were out, signalling further weakness. The manufacturing indices, released on Wednesday, had already set the scene for further deterioration not only in the periphery, but also the core. Add the services sector, and the composite reading was 46.7, versus an earlier flash estimate of 47.4,…

Primary Dealers and Their Biggest Client Off The Hook For Now, What Next?

The composite liquidity indicator edged higher last week, continuing a slow but steady uptrend. In February and March, the indicator had accelerated upward away from its 39 week moving average. That acceleration has slowed, but the indicator continues to advance. With somewhat less abundant liquidity, the government and Primary Dealers have targeted that liquidity for…